Lyckegard Group AB
Lyckegård Group AB (publ) offers products and services for sustainable irrigation and outdoor environments in Sweden and Norway. The company, through its subsidiaries, offers products, system solutions, and installations mainly for golf courses, sports facilities, and public outdoor spaces. Lyckegård Group AB (publ) was formerly known as Just Common Sense AB and changed its name to Lyckegård Grou… Read more
Lyckegard Group AB (LYGRD) - Net Assets
Latest net assets as of September 2025: Skr35.94 Million SEK
Based on the latest financial reports, Lyckegard Group AB (LYGRD) has net assets worth Skr35.94 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr105.47 Million) and total liabilities (Skr69.53 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr35.94 Million |
| % of Total Assets | 34.08% |
| Annual Growth Rate | 32.68% |
| 5-Year Change | 293.67% |
| 10-Year Change | N/A |
| Growth Volatility | 158.76 |
Lyckegard Group AB - Net Assets Trend (2018–2024)
This chart illustrates how Lyckegard Group AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lyckegard Group AB (2018–2024)
The table below shows the annual net assets of Lyckegard Group AB from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr17.86 Million | -68.59% |
| 2023-12-31 | Skr56.86 Million | +5.63% |
| 2022-12-31 | Skr53.83 Million | +134.17% |
| 2021-12-31 | Skr22.99 Million | +406.73% |
| 2020-12-31 | Skr4.54 Million | -36.36% |
| 2019-12-31 | Skr7.13 Million | +117.84% |
| 2018-12-31 | Skr3.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lyckegard Group AB's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 355722600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr5.81 Million | 32.51% |
| Other Comprehensive Income | Skr-147.15 Million | -824.01% |
| Other Components | Skr159.20 Million | 891.49% |
| Total Equity | Skr17.86 Million | 100.00% |
Lyckegard Group AB Competitors by Market Cap
The table below lists competitors of Lyckegard Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Basel Medical Group Ltd Ordinary Shares
NASDAQ:BMGL
|
$3.58 Million |
|
CANEX Metals Inc
PINK:NOMNF
|
$3.58 Million |
|
Trive Property Group Bhd
KLSE:0118
|
$3.58 Million |
|
Saker Aviation Services Inc
OTCQB:SKAS
|
$3.58 Million |
|
Compagnie de Chemins de Fer Départementaux Société Anonyme
PA:MLCFD
|
$3.58 Million |
|
ENGlobal Corporation
NASDAQ:ENG
|
$3.58 Million |
|
Eventiko Inc
PINK:EVTK
|
$3.58 Million |
|
Smartlink Holdings Limited
NSE:SMARTLINK
|
$3.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lyckegard Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,860,317 to 17,858,000, a change of -39,002,317 (-68.6%).
- Net loss of 60,783,000 reduced equity.
- New share issuances of 8,518,266 increased equity.
- Other comprehensive income decreased equity by 60,665,478.
- Other factors increased equity by 73,927,895.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-60.78 Million | -340.37% |
| Share Issuances | Skr8.52 Million | +47.7% |
| Other Comprehensive Income | Skr-60.67 Million | -339.71% |
| Other Changes | Skr73.93 Million | +413.98% |
| Total Change | Skr- | -68.59% |
Book Value vs Market Value Analysis
This analysis compares Lyckegard Group AB's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.18x to 8.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr0.21 | Skr2.78 | x |
| 2019-12-31 | Skr0.46 | Skr2.78 | x |
| 2020-12-31 | Skr0.29 | Skr2.78 | x |
| 2021-12-31 | Skr1.48 | Skr2.78 | x |
| 2022-12-31 | Skr3.19 | Skr2.78 | x |
| 2023-12-31 | Skr1.58 | Skr2.78 | x |
| 2024-12-31 | Skr0.35 | Skr2.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lyckegard Group AB utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -340.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.94%
- • Asset Turnover: 1.72x
- • Equity Multiplier: 5.99x
- Recent ROE (-340.37%) is below the historical average (-99.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -58.73% | -21.96% | 1.11x | 2.41x | Skr-2.25 Million |
| 2019 | -61.11% | -65.30% | 0.61x | 1.53x | Skr-5.07 Million |
| 2020 | -66.37% | -22.79% | 0.63x | 4.66x | Skr-3.46 Million |
| 2021 | -49.07% | -28.84% | 0.66x | 2.58x | Skr-13.58 Million |
| 2022 | -41.40% | -41.04% | 0.55x | 1.84x | Skr-27.67 Million |
| 2023 | -78.26% | -26.94% | 1.01x | 2.89x | Skr-50.18 Million |
| 2024 | -340.37% | -32.94% | 1.72x | 5.99x | Skr-62.57 Million |
Industry Comparison
This section compares Lyckegard Group AB's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $250,787,644
- Average return on equity (ROE) among peers: 35034.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lyckegard Group AB (LYGRD) | Skr35.94 Million | -58.73% | 1.93x | $3.58 Million |
| Ekobot AB (EKOBOT) | $575.29K | 70009.11% | 5.51x | $152.89K |
| engcon AB Cl B (ENGCON-B) | $501.00 Million | 60.88% | 1.37x | $280.32 Million |